Solar

Yingli To Supply 13-MW of Solar Modules for Plant in Czech Republic

Yingli Green Energy Holding Company Limited announced that its PV modules will be installed in a 13-megawatt (MW) plant in the Czech Republic to be constructed by S.A.G. Solarstrom AG. Pursuant to the Czech Republic’s current feed-in tariff, installations of more than 30 kWp are remunerated with CZK 12.79/kWh (€0.48/kWh).

According to S.A.G., the plant is the largest PV project in the Czech Republic currently. Construction of the plant is scheduled to begin in July 2009 for completion in the fall of 2009. The plant is expected to produce an estimated 13,650,000 kWh of electricity per year — enough to supply more than 3,000 households.

“With an attractive feed-in tariff, we believe the Czech Republic will play an increasingly important role in the global PV market in Europe. We are confident that our vertically integrated model, proven strategy and strong brand name will enable us to continue to succeed in existing and new solar markets around the world,” said  Liansheng Miao, chairman and CEO of Yingli Green Energy.

Through a series of supply agreements over the past four years, Yingli Green Energy has supplied a total of 68 MW of PV modules to S.A.G. for projects throughout Europe.